Stocks

Metals Can Extend Higher In 2024Apr 5, 2024

Metals Can Extend Higher In 2024, as we see metals and mining sector on the way within a five-wave bullish cycle.

We talked about bullish metals already back on June 29 2023 and they are moving nicely as expected. CLICK HERE

We also updated the Metals and Mining Sector ETF with ticker XME on December 1st of 2023, where we mentioned and highlighted a bullish break out of a triangle, which suggest that metals may stay in uptrend in 2024. CLICK HERE

Metals Can Extend Higher In 2024 XME Daily Chart From December 01 2023
XME Daily Chart From December 01 2023

If we take a look at the updated Metals and Mining Sector ETF chart with ticker XME, it can be actually unfolding a new five-wave bullish cycle back towards the 2022 highs after recently broken projected bullish triangle pattern, so it can be a long way up for metals!

Metals Can Extend Higher In 2024 XME Daily Chart From April 05 2024
XME Daily Chart From April 05 2024

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